This property looks like a bad Long-Term investment with a projected -2.33% first-year return on $105k initial cash invested.
-2.33%
Cash On Cash
6.43%
Cap Rate
1
DSCR
$4,184
Rent
-$204
Cashflow
Cash Flow
$4,184 income − $4,388 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$500k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$105k
Downpayment
20%
$99,955
Closing costs
1%
$4,998
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,184
Total Expenses
$4,388
Mortgage P&I
64%
$2,675
Property Taxes
11%
$451
Home Insurance
4%
$175
HOA
0%
$0
Property Management
10%
$418
CapEx
5%
$209
Vacancy
6%
$251
Maintenance
5%
$209
Other
0%
$0